Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...
Day: January 30, 2023
State Department Sends Top Official to Asia and the Middle East to Bolster Ties Amid Rising Competition With China
Victoria Nuland, the State Department's under secretary for political affairs and one of Washington's most senior diplomats, arrived in the Nepalese capital of Kathmandu on Sunday -- the first stop on a three-nation, week-long tour that also includes Sri Lanka and Qatar. ...
China’s Debt Relief Offer For Sri Lanka May Not Be Enough to Satisfy IMF, Say Insiders
Sri Lanka's desperately-needed financial lifeline from the International Monetary Fund may be in jeopardy due to an insufficient debt restructuring offer from China, Colombo's largest bilateral creditor. The IMF is requiring that Sri Lanka first receive assurances from ...
Indian FM Accuses Opposition Leader of Intentionally Spreading False Information About China Border Issue
Indian Foreign Minister S. Jaishankar accused rivals of the ruling Bharatiya Janata Party (BJP) of intentionally spreading false information about the government's handling of the border disputes with China. Jaishankar refuted comments made by Congress Party ...
Dubious Rumor Spreading On Pakistani Twitter Xi Jinping Will Soon Visit
Unsubstantiated rumors started to spread on Pakistani Twitter over the weekend that Chinese President Xi Jinping will visit the country and, more specifically, inaugurate a new Chinese-built airport in the port city of Gwadar. There's good reason to ...
Now It’s the EU’s Turn to Try and Change South Africa’s Mind About Russia and Upcoming Joint Naval Exercises With China
The European Union's top foreign policy official Josep Borrell is the latest foreign dignitary to pass through Pretoria in what appears to be a vain effort to persuade South Africa's international relations minister Naledi Pandor to reconsider Pretoria's stance on Russia's invasion of Ukraine and
